countrygirl7764 countrygirl7764

07-01-2018
Business

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Zeller, inc., has 60,000 shares of stock outstanding. zeller declares a dividend of $580,000. what is the dividend per share?

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lyndam2002 lyndam2002

14-01-2018

Take $580,000 ÷ 60,000 = 9.67

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andriansp andriansp

07-07-2018

I believe the answer is: $580,000 ÷ 60,000 = 9.67

Dividend per share represent the total amount of dividend which carried out by each outstanding shares in the market.
Dividend per share would be used by investors to measure the amount of income that they would receive for their investments.

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